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61436 300th St, Malvern, IA, 51551

--beds
--baths
0sqft
$650,000
--price/sqft
$4,642/moest. monthly cost
$185,680/yrincome needed

About This Home

Located just 1 mile west of Malvern and only 8 miles southeast of Glenwood, this exceptional combination farm in central Mills County offers a rare blend of high-quality tillable ground and scenic timber acreage. The property features 46.5 +/- tillable acres boasting an impressive 81.4 CSR2, providing strong productivity and consistent income potential. The balance of the farm is made up of mature timber and a draw, creating excellent habitat for wildlife and outstanding recreational opportunities, including hunting and outdoor enjoyment. In addition to its agricultural and recreational appeal, the property also offers a nice potential building site, ideal for constructing your dream home or country getaway with beautiful views and privacy. The dead end road on the west side of the farm provides access and seclusion if someone is looking for country living with a short commute. With convenient access, a desirable location, and a versatile mix of income-producing farmland and recreational appeal, this property is well-suited for investors, farmers, and outdoor enthusiasts alike. Whether you’re looking to expand your operation, diversify your portfolio, or own a beautiful piece of southwest Iowa land, this farm checks all the boxes. Don’t miss the opportunity to own this well-rounded Mills County property with both strong agricultural value and recreational upside. The tillable acres are leased for the 2026 agriculture season.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

6/10
6/10
East Mills High SchoolGrades 7-121.9 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Farm

Property

Details

  • Parcel number: 082720000000000
  • Zoning: Agriculture

Lot

  • Lot size: 69.68 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$368$4,416
Property Taxes $867$10,404
Electricity $121$1,452
Total$4,642$55,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,154/yr
40% on housing$139,260/yr
45% on housing$123,786/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 51551$461
Mills County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 51551$185
Mills County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-22Listed for sale$730,000

For Sale by Agent

AgentCody Skinner
BrokerageIowa Land Company Real Estate LLC

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